Key takeaways USD/JPY reversed from its recent high of 153.28, falling 2.2% as bullish U.S. dollar momentum faded. Political uncertainty in Japan weakened the “Takaichi Trade,” reducing bets on extended monetary easing. The 10-year U.S.-Japan sovereign yield spread broke below key 2.47% support, signalling further downside pressure. Technical indicators point to a short-term bearish setup, […]
The post USD/JPY: US-Japan Yield Spread Breakdown Signals Further Yen Strength Ahead in the Near Term appeared first on Action Forex.
